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CenterPoint Pays Over $44M for Industrial Property

Seattle Daily Journal of Commerce   |   Brian Miller

Posted In — News & Press | In the News

A warehouse facility at 19826 Russell Road in Kent has sold for a little over $44.5 million, according to King County records. The seller was an LLC related to Iron Mountain, the records and data management company, which acquired the property in 2001 for $11 million. The buyer was CenterPoint Russell LLC. CenterPoint Properties of Chicago is the private logistics investment vehicle for CalPERS (the California Public Employees’ Retirement System).

For the full story, go to Seattle Daily Journal of Commerce.

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